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Nov 11, 2012 6:00pm PST
for the country when it comes to fiscal cliff. >> glor: house speaker john boehner held a conference call with his members telling them compromise was needed. obama senior advisor david axelrod called boehner's comments to members encouraging. >> i think there are a lot of ways to skin this cat so long as everybody comes with a positive, constructive attitude toward the task. >> glor: if the automatic spending cuts happen, exactly 50% of the board without fall on the pentagon. national security correspondent david martin lays out what that would mean. e> reporter: the dreaded sequestration would double the $500 billion in cuts the pentagon is already planning to make over the next decade. defense secretary panetta has not minced words about what that would mean. >> if a sequestration is allowed to go into effect it will be a disaster for national defense. >> reporter: according to panetta the new american strategy of pivoting away from the wars in iraq and afghanistan toward the pacific and an emerging chinese superpower would come undone. >> all of that can go to hell if this congress doesn't fac
Nov 10, 2012 6:00pm PST
at the polls? those stories when the cbs evening news continues. and house speaker boehner continue to stake out their ground in the debate over the looming fiscal cliff. both made radio addresses today. the president said any compromise must include higher taxes for families making more than $250,000 a year. the speaker called instead for closing special interest loopholes. campaign 2012 was the most expensive ever. overall spending topped the $6 billion mark, driven by super pacs. as michelle miller now tells us, many low-profile candidates benefitted from super pac money, cash that in some cases came from a single person. >> my job is to make sure they do represent your best interests. >> reporter: carrie bentiviolio won his election this year as a freshman congressman from michigan. >> i'm never, ever going to raise taxes unless there's a war. >> reporter: this former school teacher and political newcomer might not have gotten this far without a super pac,. liberty for all spent $800,000 to help bentiviolio win his republican primary. >> god bless them because it was wonderful. >> report
Search Results 0 to 2 of about 3 (some duplicates have been removed)